All Forum Posts by: Kevin Wasie

Bob. Yea that makes sense. Thanks..... What I am referring to though is using: Cap rate = noi/refinance price When I pull out the money, the new cap rate (maybe there is another name) using refinance price, is much lower than I would feel comfortable purchasing a property for initially. That make sense?

Hi Gurjeet. Did you ever find anyone? I live in Cfalls, and my office is in Stow. 

Hi. 

I am considering a BRRRR deal. When analyzing many of them, one of the things that happens, after refinance, is the cap rate always decreases to a number that seems to low for our market.

I am just trying to wrap my head around this concept. 

Is the reason that this is okay is because you will have a minimal (or no) money invested into the deal? So, in actuality, your CoCROI is really great?

I am new to investing. Thanks in advance.